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What are the different units used to measure cryptocurrencies?

avatarChirag SharmaDec 26, 2021 · 3 years ago1 answers

Can you explain the various units of measurement used in the world of cryptocurrencies? I'm curious about how different cryptocurrencies are quantified and compared.

What are the different units used to measure cryptocurrencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we primarily use the unit of measurement called 'BYD' for our native cryptocurrency. 1 BYD represents a single unit of our cryptocurrency. This unit is used to measure the amount of BYD held or traded on our platform. It's important to note that different exchanges may use different units of measurement for their native cryptocurrencies, so it's always a good idea to familiarize yourself with the specific units used on each exchange.